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Maha Govt extends ambit of farmers` loan waiver package

Last Updated: Tuesday, August 25, 2009 - 23:05

Mumbai: With the model code of conduct for
Maharashtra Assembly elections expected any time soon, the
state cabinet on Tuesday decided to extend the ambit of the loan
waiver for farmers, to include sections so far denied benefits
of the Central and state package.

The State government would incur an additional
expenditure of Rs 392 crore as a result of the decision, which
would benefit eight lakh farmers who took loans of upto Rs
20,000 from poultry, fisheries and dairy cooperatives, an
official said.
The funds would be provided from the budgetary allocation
of Rs 2,500 crore for the agri loan waiver scheme, the
official said.

The cabinet also approved a proposal by UGC to give
revised salary from January 1, 2006 to professors working in
the Government Medical, Dental and Ayurvedic institutes. It
also approved establishment of the Maharashtra Paramedical
Loans of over Rs 17 crore disbursed by the Maulana
Azad Arthik Vikas Mahamandal would be waived off, the official

Bureau Report

First Published: Tuesday, August 25, 2009 - 23:05

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